October 1, 2022
New Layer Capital is delighted to announce our participation in Secret Key Labs Limited’s (“Xverse”) seed round, with participation from Perpetual Value Partners, Despread, and Daemon Technologies, among others.
Xverse is building the most advanced Bitcoin wallet. Its mission is to create a user-friendly “superwallet” experience that leverages Stacks to unlock Bitcoin Web3 (DeFi, NFTs secured by Bitcoin, and other dapps) and also the Lightning Network to enable instant and low-cost BTC transactions.
The capital will be used for engineering, product development and marketing to be able to go up against the big players in the wallet space.